Business Description
NNN REIT Inc. is a Maryland-based real estate company that owns nearly 3,700 commercial properties across all 50 U.S. states, Washington D.C., and Puerto Rico, totaling roughly 39.6 million square feet of rentable space. These properties are leased to tenants under long-term agreements that typically require little ongoing investment from NNN. The company has grown its dividend payout every year for over 36 consecutive years, placing it among a very small group of publicly traded real estate firms to achieve this milestone.
